Криптовалюты:  8,262Рынки:  34,133Рыночная капитализация:  $1,020,100,475,695Объем за 24ч:  $152,028,480,412Доминирование BTC:  67.9%

Bitcoin Is Becoming a Digital Gold Story: Mike Novogratz

Bitcoin Is Becoming a Digital Gold Story: Mike Novogratz
HeadlinesNewsBitcoin Is Becoming a Digital Gold Story: Mike Novogratz

Поделиться

Bitcoin Is Becoming a Digital Gold Story: Mike Novogratz

NewsBTC1 month ago
Published on December 02, 2020 03:33 GMT+0edited on December 02, 2020 03:42 GMT+0

Поделиться

Bitcoin has undergone a strong surge over the past few weeks, strongly outperforming gold. The price of the leading precious metal has actually dropped strongly over the past few weeks, underperforming the stock market and BTC massively.

Many think that it is Bitcoin that may be sucking the wind out of the sails of gold. In fact, a JPMorgan report published two weeks ago found that the inflows into Bitcoin vehicles such as Grayscale BTC Trust (GBTC) are actually seeing more inflows as the flows into gold taper off. More recently, data showed that there has actually been strong gold selling pressure.

Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom

Bitcoin Is Becoming a Digital Gold Story, Says Wall Street Vet Novogratz

Mike Novogratz, CEO of Galaxy …